Former assets of Knowledge Kitchen - Woodworking Equipment

by Studio 1 Asset Management

Ended Mar 06, 2014 7:14pm ET (Mar 07, 2014 12:14am GMT) Timed Online Auction

Important Information

****IN ADDITION TO REGISTRATION ALL BIDDERS MUST COMPLETE A CREDIT CARD AUTHORIZATION FORM PRIOR TO BEING APPROVED.**** This form authorizes Studio 1 International to have the required pre-approval on your account. Please complete this form and return by email: info@studio1sales.com 

PREVIEW:  TUES. MARCH 4TH, 2014 8:30AM - 4:30PM

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To reach a member of our qualified support staff regarding information or questions pertaining to the bidding process; please reach us by phone, email or LiveChat

Terms and Conditions

PUBLIC TIMED ONLINE AUCTION

Tuesday March 4th @ 9:00 AM

Knowledge Kitchen

24 The East Mall, Unit 14

Etobicoke, Ontario

TERMS OF SALE:

 

                                                                                                                               

  • ALL PAYMENTS MUST BE MADE IN CANADIAN FUNDS.
  • ALL REGISTRANTS/BIDDERS MUST COMPLETE A CREDIT CARD AUTHORIZATION FORM PRIOR TO BEING APPROVED
  • A 15% BUYER'S PREMIUM FOR ON-SITE BUYERS WILL APPLY TO ALL SALES.
  • A VALID I.D. IS REQUIRED TO REGISTER; THE BIDDER IS PERSONALLY LIABLE FOR PAYMENT, BUYER'S PREMIUM AND TAXES.
  • 13% HST TAX APPLICABLE SHALL BE PAID TO THE AUCTIONEER AT TIME OF SALE.
  • AUCTIONEER RESERVES THE RIGHT TO REFUSE ISSUING A BIDDER CARD.
  • AUCTIONEER MAKES NO GUARANTEES OR WARRANTIES, EXPRESSED OR IMPLIED OF ANY KIND.
  • NO REMOVAL OF ITEMS UNTIL PAYMENT IN FULL HAS BEEN RECEIVED.
  • ALL ITEMS WILL BE SOLD "AS IS-WHERE IS".
  • ANY DISPUTES AS TO BIDDING SHALL BE SETTLED BY AUCTIONEER - NO BIDDER MAY RETRACT HIS BID.
  • Other terms may apply.  Any additional terms & conditions announced by the auctioneer will supersede those stated herein.
  • SALE IS BEING CONDUCTED IN CANADIAN FUNDS

                                                                                                                               

TERMS OF PAYMENT:

 

  • PAYMENT IS DUE IN FULL By Monday March 10th, 2014. 
  • PAYMENT BY WIRE TRANSFER WILL BE ACCEPTED.
  • ALL PAYMENTS MUST BE MADE BY CASH, CERTIFIED CHEQUE, WIRE TRANSFER PAYABLE TO:  STUDIO 1 INTERNATIONAL
  • VISA AND MASTERCARD ACCEPTED UP TO $1,000.00 (ONLY), anything over that a fee of 2% will be charged
  • GOODS WILL NOT BE RELEASED UNTIL PAYMENT IN FULL IS RECEIVED AND BANKS WIRES HAVE CLEARED.

 

PROXY BIDS:

 

  • SEE AUCTION OFFICE FOR FORM AND MORE DETAILS.

 

REMOVAL DATES/TIMES/DEADLINES:

 

  • REMOVAL PROCESS WILL START AFTER THE SALE IS FINISHED AND THE ACCOUNTING HAS BEEN COMPLETED – NO REMOVAL DURING THE SALE.
  • ALL ITEMS MUST BE REMOVED BY Wednesday March 12th, 2014 (NO EXPECTIONS) AT 5PM, AFTER THAT TIME BUYER WILL INCUR A COST OF $500 DAILY FOR ENTRY INTO THE FACILITY.
  • ALL ITEMS SOLD "AS IS-WHERE IS", WITHOUT ANY WARRANTIES EXPRESSED OR IMPLIED.  CATALOG IS INTENDED AS A GUIDE ONLY - NOT RESPONSIBLE FOR ERRORS, OMISSIONS OR DELETIONS. 

 

BUYERS ARE TO INSPECT ALL LOTS PRIOR TO BIDDING.  NO CLAIMS WILL BE ACCEPTED AFTER REMOVAL OF ITEMS FROM AUCTION SITE.

 

ALL SALES FINAL - NO EXCEPTIONS